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Lawrence W. Reed

On September 1, 2008, Lawrence W. (Larry) Reed assumed the presidency of the Foundation for Economic Education, headquartered in Irvington, New York. In this article, FEE: A Lighthouse for Freedom, FEE’s history and importance were highlighted by Reed.

After serving as President of the Mackinac Center for its first two decades, Reed became president emeritus of the Center upon assuming his duties as president of FEE.

Reed holds a B.A. degree in Economics from Grove City College (1975) and an M.A. degree in History from Slippery Rock State University (1978), both in Pennsylvania. He taught economics at Midland’s Northwood University from 1977 to 1984 and chaired the Department of Economics from 1982 to 1984. He designed the university’s unique dual major in Economics and Business Management and founded its annual, highly-acclaimed “Freedom Seminar.” In 1982, he was a major party candidate in the general election for the U. S. House of Representatives from Michigan’s 4th district. He moved to Boise, Idaho in 1984 to direct a policy institute there before moving back to Michigan to head up the Mackinac Center in December 1987.

Under his leadership, the Mackinac Center for Public Policy emerged as the largest and one of the most effective and prolific of over 40 state-based “free market” think tanks in America. He served a term as president and 15 years as a member of the board of directors of the State Policy Network, a national organization whose membership consists of those state-based groups.

In 1994, Reed was invited to give the Commencement address to the graduating class of the Colleges of Education, Health, and Human Services and Extended Learning at Central Michigan University (CMU) before an audience of 6,000. CMU conferred upon him the honorary degree of Doctor of Public Administration. In 1998, Grove City College (his undergraduate alma mater) bestowed upon him its “Distinguished Alumni Award.”

In the past twenty years, he has authored over 1,000 newspaper columns and articles, 200 radio commentaries, dozens of articles in magazines and journals in the U. S. and abroad, as well as five books. His articles have appeared in The Wall Street Journal, Christian Science Monitor, USA Today, Baltimore Sun, Detroit News and Detroit Free Press, among many others. Reed’s most recent book is Striking the Root: Essays on Liberty. Since 1978, he has delivered more than 1,000 speeches in 40 states and 15 foreign countries, including one at People’s University in Beijing, China.

Reed’s interests in political and economic affairs have taken him as a freelance journalist to 69 countries on six continents since 1985, including five visits to Russia, five to China, four to Nicaragua, three to Poland, five to Kenya, and others to such places as Cambodia, East Germany, Mozambique, Haiti, Japan, Bolivia, Brazil, Ecuador, Honduras, Greece, Italy, Australia, Slovenia, Croatia, Peru, Chile, Argentina, Singapore, Israel, Egypt, Malaysia, Vietnam, Iceland and New Zealand.

From firsthand experience, he has reported on hyperinflation in South America, voodoo in Haiti, black markets behind the Iron Curtain, reforms and repression in China and Cambodia, the recent stunning developments in Eastern Europe, and civil war inside Nicaragua and Mozambique. Among many foreign adventures, Reed visited the ravaged nation of Cambodia in 1989 with his late friend, Academy Award winner Dr. Haing S. Ngor; recorded an authentic native voodoo ceremony in a remote region of Haiti in 1987; traveled with the Polish anti-communist underground for which he was arrested and detained by border police in 1986; interviewed presidents and cabinet officials in half a dozen nations; spent time with the contra rebels during the Nicaraguan civil war; and lived for two weeks with the rebels of Mozambique at their bush headquarters in 1991, at the height of that country’s devastating civil war.

Reed was first elected in 1994 to the Board of Trustees of the Foundation for Economic Education (FEE) in Irvington, New York—one of the oldest and most respected economics institutes in America and publisher of the journal, The Freeman, for which he writes a column entitled “Ideas and Consequences.” In 1998, he was elected chairman of FEE’s board of Trustees and reelected chairman in 1999 and 2000.

His spare-time interests include reading, travel, flyfishing, hiking, skydiving, and animals of just about any kind.

4 Comments »

  1. Our greetings and Best Wishes for Happy New Year!
    Received your FREEDOM Quarterly and your NEVER GIVE UP
    commentary. (See endnote below.)
    Your AMBASSADOR COUNCIL PROGRAM is what we need
    to educate elected officials at the local government
    level…in Michigan at County and Township. It appears
    to me that the various \\\\\\\’new elected official\\\\\\\’ training
    programs, some by MSU, fall very far short of what
    officials need to know to be effective and honest.
    Attending over 90 % of Leelanau County and Leland Twp
    meetings for the past 20 years I have concluded that
    at the county commission (7-members) only one commissioner
    tries to understand her job. At the Leland Twp Board
    (5-members) only ONE Trustee fully understood his duties,
    responsibilities and obligations.
    Three years ago we presented two Mich. AG letters to the
    County commission which stated that NON-CHARTER COUNTIES
    DO NOT HAVE AUTHORITY TO ADOPT ORDINANCES TO REGULATE
    PRIVATE PROPERTY. (A charter County must have a population
    of 750,000 or more.) Shortly thereafter the commissioners
    rescinded a handful of UNLAWFUL ordinances.
    Keep in mind that County\\\\\\\’s corporate counsel is
    Cohl, Stoker and Toskey of Lansing. They are the same
    \\\\"counsel\\\\" that appear to have advised County
    commissioners a year ago by letter how to violate
    the open meetings act. (The Leelanau-Enterprise sued and
    commissioners appear to have admitted they intentionally
    violated OMA.)
    Note that some commissioners have served more than 10
    years and had been sued a number of times by one Charles
    Ryant (now deceased) for the same violations. It is easy
    from these experiences to conclude that most elected local
    officials exhibit a tragic paucity of knowledge as to \\\\"how
    to honestly govern\\\\" and lack very little understanding of
    ECONOMICS…some of it appears to be willful.
    Thanks for your continuous flow of unique and common-sense
    ideas about ECONOMIC EDUCATION and similar issues as FEE
    goes forward. Mary Lou and I look forward to many more
    (Except how can you hope to best Gov. Granholm who is yet
    to \\\\"blow us away\\\\" with her Michigan economic miracles as
    promised 6 years ago!?) spm & mlm
    End Note: The type size and ink intensity (darkness) for those
    of us with \\\\"older\\\\" eyesight is somewhat challenging to read.

  2. Dear Mr. Reed,

    I heard you today on the Coral Ridge hour and I must say your comments were typical of the \\"haves\\" and the \\"boot string pullers.\\" I am a Christian, 40 year old, African American, college educated woman who works hard to follow Christ\\\’s teaching. Even after my divorce and several financial trials I am doing my best to be responsible. I trust God, therefore I tithe and with my limited income, I even give to several charities. But we differ in opinions when it comes to civic responsibility. There is a percentage of people who have what they have in this country at the expense of others. Stealing from the responsible, you say? Would we have deemed Bernard Madoff \\"responsible\\" had we not found out about his dirty little secret? There are so many people who have made their fortune committing \\"white collar crimes\\" that have affected millions in this country but we turn our heads and look the other way. When you speak of the irresponsible I can\\\’t help but think of poor people who want just a crumb of this pie, the American Dream. Many of them get into situations that lead to the mortgage crisis because the \\"haves\\" have moved on up and turned their backs on the poor. They shipped jobs oversees because of greed and their desire to make a bigger profit. They can buy more stuff it they had cheaper labor. Mind you, I believe that if you work hard you deserve to enjoy the labor of your hands. But this is a society driven by greed and the rich getting richer and the poor getting poorer. I am the working poor. Barely making ends meet, but I do my best. As an African American I wonder if, my grandfather had free slave labor or were he the friend of a slave owner or if he had “white skin privilege” what my life would be like today. (Yes there is such a thing). What would my friends’ lives be like? You see, when you own the business you can employ whomever you like. So let\\\’s be careful who we are calling irresponsible thieves.
    Jesus came to give hope to the poor. The Pharisees and Sadducees thought they were better than the poor and that they would enter into the kingdom of heaven. But Jesus came to see the captives free. He fed the hungry and healed their hurts. He came for the least of these. Read Matthew 25:30-40 …..Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me. How can you remove the mote in your brother’s eye when there is a beam in your own? I’d love to hear who Jesus would consider the real thieves . . . .

    I could say so much more but I\\\’ll end it here. I hope I don\\\’t offend you when I say this but you need to befriend \\"everyday\\" African Amercian people. At least one and I\\\’m sure you will get some amazing insite into a whole new world of thining. We love this country but we are still feeling the effects of a painful past. God Bless you.

  3. I heard you speak last night at the Republican Liberty Caucus conference in Jacksonville, Florida. For the first time, I comprehended the Great Depression in a complex way.

    I’d heard many stories from my mother–her family almost starved during that time; they were very poor. When I realized the government, under a Democratic president, had destroyed all that food, I was astounded.

    Then when you concluded your speech with the comments about character, I realized that is something every one of us should aspire to. World history is abundant with stories of civilizations that rose and fell, that dealt with others compassionately and incompassionately, and no race, religion or creed is exempt from good or bad. But I believe America, with all our flaws as well as our good qualities, is unique in the history of the world. I believe as a people, we must raise our voices loud enough so that our bloated government will hear us. I hope our politicians will hear your message and take it to heart.

    And I hope our government gets smart and cuts non-vital areas. I’ve never understood why the federal government injected itself into the arts, for example. And we all know the lack of benefits the Dept. of Education has returned for all our money.

    I re-read the booklet your speech was based on today–again, thank you. That booklet should be required readng for every school child in the nation.

    By the way, my mother pulled herself up and valued an education. She instilled in us values of hard work, faith, and learning. I plan to share your booklet with her because I know she will enjoy it. She’s elderly, but she still has a very sharp intellect.

    best, Kay B. Day

  4. nicaragua property…

    Sorry to vent but we have all got to do something about the poverty in the world. Amidst this global crisis the ones suffering the most are the extremely poor. I just returned from 6 months of volunteer work in Nicaragua and it is just insane that so m…